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Property profile & analytics
OFF-MARKET Estimated value $4,175,000
Retail space

8351 Belleview Ave Denver, CO 80237-2762

18,687 SF 3.86 ac lot Built 1998
Entity Owned 12-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US13-1154849
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1998
Construction STEEL FRAME
Total area 18,687 SF
Lot 3.86 ac (167,955 SF)
Zoning code B-8
APN 07094-00-068-000
UPID US13-1154849
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Shea Properties Colorado Real Estate Agency
  • Centre Ice Denver (Bike/Boat/Book/etc) Store
  • Lyons Ridge Metropolitan District General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.94M
Comparable Approach Comparable
$3.55M
Blend (final) Blend
$4.18M
Owner & transaction history
Mb Marina Square LLC · 12 yrs held
Mb Marina Square LLC
since 2014
1 recorded transaction
2014
Price N/A
Zoning & alternative use
B-8 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

adjacent to the Arapahoe Square neighborhood and was previously zoned B-8-A under Former Chapter 59. D-AS is intended to support a mix of uses that provide a pedestrian friendly transition from the surrounding lower scale neighborhoods to the high-rise scale of downtown. G. Downtown Arapahoe Square 12+ District (D-AS-12+) D-AS-12+ applies to mixed-use areas…

Zone name Business District
General category COMMERCIAL
Zone area 324.05 ac
Source Denver Zoning Code
Top alternative use upside
Neighborhood: shopping center $6.1M +0.9%
Commercial (general) $6.1M +0.6%
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